Markets
China Goes On The Offensive Against Bitcoin
Ethereum dropped roughly 14% in value in 24 hours while bitcoin slumped to lose around $2000 Dollars according to data from Coindesk . According to the report , the central bank issued an order to local governments to regulate the power usage of bitcoin miners to gradually reduce the scale of their production. [Full Article...]
Monster Hunter World Latest Gameplay Video Focuses On The Rotten Vale Area
That being said, for those who prefer something a little more subdued, we also get the announcement of the Glacier White version of the PS4 Pro. Instead, each offers a unique style or color scheme, much like we see with the Xbox One S bundles over on the Microsoft side of the fence. [Full Article...]
Sells 2145 Shares of Wal-Mart Stores, Inc. (NYSE:WMT)
The stock decreased 3.57% or $3.1 during the last trading session, reaching $83.8. About 227,509 shares traded. Wal-Mart Stores, Inc. (NYSE: WMT ) has risen 13.83% since January 16, 2017 and is uptrending. Its the same as in 2017Q2. A month ago, analyst EPS consensus estimated earnings of US$1.35 per share. Veritable Lp accumulated 23,954 shares. Wal-Mart Stores, Inc is engaged in the operation ... [Full Article...]
Citigroup Hit With Huge Loss on Tax Reform
This charge is comprised of $19 billion related to the remeasurement of Citi's deferred tax assets arising from a lower USA corporate tax rate and shift to a territorial tax regime, and $3 billion related to the deemed repatriation of unremitted earnings of foreign subsidiaries. [Full Article...]
Singapore and Malaysia rail operators to jointly run Rapid Transit System Link
Singapore's focus on the digital economy is one area in which the two countries can team up on, to promote e-commerce and e-payments, and develop Singapore and Kuala Lumpur as "smart cities", he added. Subsequent concessions will be awarded through open tender. To benefit from economies of scale, the RTS Link is to utilise the same rolling stock, signalling, communication and control technologi... [Full Article...]
Lawmakers Pushing AT&T To Cut All Ties With Huawei
One of the ties that members of the House and Senate want to be cut by AT&T is a collaboration the carrier has with Huawei related to the standards for the next generation high-speed 5G network, said the sources. It builds on past action against Huawei (the world's top seller of telecom equipment) and ZTE (ranked fifth), which included a ban on ZTE selling products to the USA government agencies... [Full Article...]
Premier Food's Christmas sales boosted by record demand for mince pies
The company said sales rose 4% to £261.4m, with sales of its own brands up 0.7% and products it manufactures for retailers' brands rising 17%. Six of its eight major brands gained market share while chief executive officer Gavin Darby highlighted progress in the worldwide business, which saw a 26% increase in sales. [Full Article...]
BP takes $1.7B charge on Deepwater Horizon claims closure
The Deepwater Horizon oil spill killed 11 people in April 2010 and saw 4.2 barrels of oil spilt into the Gulf of Mexico. 'We acknowledge the possibility that there might be further provisions in the next few quarters, as the remaining claims might prove to exceed BP's expectations, ' he says. [Full Article...]